A talk by Matt Sigelman and Dr. Cathie Apple
Burning Glass and
Fitness & Flute
Topics covered by this talk
About this talk
8:30am - Welcome
8:35am - Meditation and Yoga stretches with Dr. Cathie Apple
9:00am - Keynote Presentation - After the Storm with Matt Sigelman, CEO, Burning Glass Technologies
The recession left in the wake of the COVID-19 pandemic is unprecedented. The changes have been so profound that fundamental patterns of how we work, produce, move, and sell will never be the same. If the U.S. is going to have a recovery that not only brings the economy back to where it was but also ensures a more equitable future, it is crucial to understand what jobs and skills are likely to drive the recovery. How will the new economic patterns be translated into specific roles and skills for workers? How can workers, training institutions, and employers anticipate what will be needed? In this report, Burning Glass Technologies uses our database of more than 1 billion current and historical job postings, along with the best available expert views, to anticipate what jobs will be most important in the post-pandemic labor market. • We project these roles will account for 15.5 million to 18 million new jobs created over the next five years. • These jobs represent significant fractions of the labor market: currently 13% of demand and 10% of employment, but in addition they are important inflection points for the economy. A shortage of talent in these fields could set back broader recovery if organizations can’t cope with these demands. • Jobs in these new “economies” are projected to grow at almost double the rate of the job market overall (15% vs. 8%). • Together, these five growth engines will come to comprise one in six jobs by 2026 (16%). • These jobs pay well, with the median salary for all five economies at roughly $59,000 per year, 34% above the national median. • Growth in these economies outperformed the overall economy at the height of COVID-19. Between March and September 2020, job postings in these economies were up 11% even as the overall market fell -12%. Sigelman earned his AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, and his MBA from the Harvard University Business School.
